Sunil Hitech Engineers limited (SHEL) has been awarded two orders worth Rs. 474 crores in the State of Bihar from Ministry of Road Transport and Highways, Government of india. The order has been awarded to M / s Sunil Hitech - RCM JV and is part of National Highways Interconnectivity Improvement Project which is funded by World Bank. Details of the 2 projects are as follows: Rehabilitation and Upgradation to 2-lane / 2 lanes with paved shoulders configuration and
Sunil Hitech Engineers limited (SHEL) has been awarded two orders worth Rs. 474 crores in the State of Bihar from Ministry of Road Transport and Highways, Government of india. The order has been awarded to M / s Sunil Hitech - RCM JV and is part of National Highways Interconnectivity Improvement Project which is funded by World Bank. Details of the 2 projects are as follows: Rehabilitation and Upgradation to 2-lane / 2 lanes with paved shoulders configuration and
Sunil Hitech Engineers limited (SHEL) has been awarded two orders worth Rs. 474 crores in the State of Bihar from Ministry of Road Transport and Highways, Government of india. The order has been awarded to M / s Sunil Hitech - RCM JV and is part of National Highways Interconnectivity Improvement Project which is funded by World Bank. Details of the 2 projects are as follows: Rehabilitation and Upgradation to 2-lane / 2 lanes with paved shoulders configuration and
Mumbai, 19th October 2015: Sunil Hitech Engineers Limited (SHEL) has been awarded two orders worth Rs. 474 crores in the State of Bihar from Ministry of Road Transport and Highways, Government of India on Engineering, Procurement & Construction (EPC) Mode. The order has been awarded to M/s Sunil Hitech - RCM JV and is part of National Highways Interconnectivity Improvement Project which is funded by World Bank. The details of the 2 Projects are as follows: Rehabilitation and Upgradation to 2-lane/2 lanes with paved shoulders configuration and strengthening of Sitamarhi-Jaynagar-Narahia Section (Km 40 to Km 219.945) of NH-104 in the State of Bihar for Lot-I km 40.00 to Km 79.40 [NHIIP-BR-104-11] worth Rs. 154.62 crores to be executed in 24 months from the appointed date Rehabilitation and Upgradation to 2-lane/2 lanes with paved shoulders configuration and strengthening of Sitamarhi-Jaynagar-Narahia Section (Km 40 to Km 219.945) of NH-104 in the State of Bihar for Lot-II km 79.40 to Km 156.50 [NHIIP-BR-104-11] worth Rs. 319.68 crores to be executed in 30 months from the appointed date Commenting on the order wins Mr. Sunil Gutte, Managing Director of Sunil Hitech Engineers Limited said With the receipt of these orders, we are continuing our strategy to diversify our orderbook which will improve our profitability. Our total Orderbook on Road Segment is now approx. Rs.1,000 crores comprising of 5 project. The 4 large projects are : one project in State of Karnataka worth Rs. 122 crores, second project in the State of West Bengal worth Rs. 322 crores and the recently awarded 2 projects in the State of Bihar worth Rs. 474 crores. All the projects are for Rehabilitation and Upgradation to 2-lane/2 lanes with paved shoulders configuration and strengthening from existing 2 lane which do not face any major land acquisition issues. All the projects are awarded by MORTH and are funded by World Bank. The company is confident of executing the projects on a timely basis with good margins. Safe harbor Statement Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.
About Sunil Hitech Engineers Limited
Incorporated in the year 1984, Sunil Hitech Engineers Ltd (SHEL) has been promoted by firstgen promoter, Mr. Ratnakar.M.Gutte. The current operations are being handled majorly by Mr. Guttes son, Mr. Sunil Gutte. SHEL is well established player in EPC and Construction of Road & Bridges, Building works of institutions, hospitals and housing projects, cross country pipeline, civil & mechanical works of power and steel plants, cooling towers, chimneys, etc, also in renewable sector. SHEL has presence in 13 states and executing 30 plus projects in the country. Its major clients include NTPC, BHEL, L&T, JSW, Reliance, SAIL, Adani, Morth, PWD, Singareni Collieries Company Limited, KDA. The company recently engaged experts from the field on their board and is on the path of taking its renewable energy and Infra business at a higher level. For more information on Sunil Hitech Engineers Ltd, please visit www.sunilhitech.com